KSLV vs. YCS

Last updated Jun 23, 2026

KSLV (Kurv Silver Enhanced Income ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - KSLV is a Silver fund actively managed by Kurv, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). KSLV is actively managed, while YCS is passively managed. At a correlation of -0.12, they often move in opposite directions. Both charge a 1.00% expense ratio.

Performance

KSLV vs. YCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Silver Enhanced Income ETF (KSLV) and ProShares UltraShort Yen (YCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KSLV achieves a -10.35% return, which is significantly lower than YCS's 9.78% return.

KSLV

• 1D: -1.10%
• 1M: -14.26%
• YTD: -10.35%
• 6M: -7.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YCS

• 1D: 0.40%
• 1M: 3.71%
• YTD: 9.78%
• 6M: 9.63%
• 1Y: 31.36%
• 3Y*: 18.43%
• 5Y*: 23.50%
• 10Y*: 13.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KSLV vs. YCS - Yearly Performance Comparison

	2026 (YTD)	2025
KSLV Kurv Silver Enhanced Income ETF	-10.35%	49.94%
YCS ProShares UltraShort Yen	9.78%	13.16%

Correlation

The correlation between KSLV and YCS is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	-0.12

Return for Risk

KSLV vs. YCS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KSLV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

YCS

YCS Risk / Return Rank: 61
YCS Sharpe Ratio Rank: 57
YCS Sortino Ratio Rank: 49
YCS Omega Ratio Rank: 57
YCS Calmar Ratio Rank: 77
YCS Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KSLV vs. YCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Silver Enhanced Income ETF (KSLV) and ProShares UltraShort Yen (YCS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	KSLV	YCS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.86	—
Sortino ratio: Return per unit of downside risk	—	2.37	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	3.79	—
Martin ratio: Return relative to average drawdown	—	11.86	—

Drawdowns

KSLV vs. YCS - Drawdown Comparison

The maximum KSLV drawdown since its inception was -47.97%, roughly equal to the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for KSLV and YCS.

Drawdown Indicators

	KSLV	YCS	Difference
Max Drawdown Largest peak-to-trough decline	-47.97%	-49.56%	+1.59%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.30%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.32%	—
Current Drawdown Current decline from peak	-46.86%	0.00%	-46.86%
Average Drawdown Average peak-to-trough decline	-20.98%	-19.88%	-1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.65%	—

Volatility

Volatility by Period

	KSLV	YCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	71.70%	16.96%	+54.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.70%	21.10%	+50.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.70%	18.96%	+52.74%

KSLV vs. YCS - Expense Ratio Comparison

Both KSLV and YCS have an expense ratio of 1.00%.

Dividends

KSLV vs. YCS - Dividend Comparison

KSLV's dividend yield for the trailing twelve months is around 21.19%, while YCS has not paid dividends to shareholders.

Position	TTM	2025
KSLV Kurv Silver Enhanced Income ETF	21.19%	4.42%
YCS ProShares UltraShort Yen	0.00%	0.00%

Frequently Asked Questions

Can I hold both KSLV and YCS in my portfolio?

KSLV and YCS have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KSLV or YCS?

Both ETFs have the same 1.00% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KSLV or YCS?

KSLV and YCS have the same expense ratio: 1.00% per year.

Which ETF pays a higher dividend yield, KSLV or YCS?

KSLV has the higher dividend yield at 21.19%, compared with 0.00% for YCS.

What is the main difference between KSLV and YCS?

KSLV is categorized as Silver, while YCS is Leveraged Currency. They also come from different issuers: Kurv and ProShares.